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A B C D E F G H I J K L M N O P Q R S A marker / linked U V W X Y Z
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define T-terms (alphabetical order)
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define take down ... a draw against a capital fund for a specific purpose
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define target area ... as an area targeted during a site selection project
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define target audience ... a target user group once members tap into .network resources
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define target industry ... a group of enterprises segmented in an economy
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define targeting ... a process of selecting targets and implementing contact strategies
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define target location ... a place of interest to an enterprise developer or site selector
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define target user group ... a number of individuals selected to use a website or network
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define tax ... a means of extracting revenue from the private sector
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define tax base ... everything seen as taxable within a location.
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define taxes and incentives ... a data category found in a location package
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define tax funds ... money or other resources generated through a tax authority

Money or other resources, such as property assets, that flow through a tax authority as opposed to contributed funds. For example, a local development authority may operate entirely with tax funding or with a mix of funding as a quasi-governmental organization
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define tax incentive ... an inducement offered as a tax abatement / magazine article
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define taxing authority:

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that which has enforcement powers to extract an involuntary contribution for supporting a government entity or program; a government agency is position to levy a tax; a government agency which places a financial charge on a property, generally after an assessment.
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define tax increment financing: (TIF)

... a means of incentive or community development financing whereby property values in an area are maintained at a specified level until property values begin to risedashsee Lessons from the Field provided online by the Northeast-Midwest Institute (USA).
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define tax map:

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a graphic representation showing and defining real estate in relationship to contiguous real property in order to determine or state value for assessing and taxing purposes.
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define tax package:

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an accounting for all taxes and abatements to be expected at a location; taxes and tax shelters, abatements and incentives presented all together in order to accommodate an analysis, such as a ten-year-cash-flow.
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define tax shelter ... an allowance for a postponement or elimination of a tax liability.
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define technical labor:

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workers experienced or trained in skills that allow them to do analytical thinking on the job; technicians. Additional technology terminology resources are in the .network library.
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define technical school:

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a college or other place where technical skills are taught ... for training technicians.
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define technology transfer:

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the movement of ideas and resources, generally of a scientific nature, applicable to commercial or industrial objectives from academia to the the outside world for nurturing, testing or otherwise introducing them into the enterprise development process; to convey a practical application, method, procedures, technique, tool or idea from a laboratory or incubation to a commercial or industrial environment; to pass technological information and/or resources from one enterprise to another in order for it to be put to use.
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define telecom ... abbreviation for telecommunications, for example, telecom technology
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define telecommuting ... virtually going to and from work online at home; to telecommute
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define telework center:

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a location where employees use telecommunications tools to perform their jobs.
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define temp ... temporary; someone working at a job temporarily.
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define ten-year-cash-flow:

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a sensitivity analysis; a cost analysis for an enterprise development project based on the source and application of funds. A skilled site selector would include it as part of a comparative analysis, for example, considering the projecting the value of tax incentives (the source) against the one-time cost of relocation services. Certain assumptions have to be made so experience counts. Labor turnover is very likely to increase after relocation; therefore, knowing how to gather the information to project its time and costs before settling back to what it was before or improving is as much part of an analysis as is capital.
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define tenant ... an occupant, typically a lessee.
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define thread ... to tediously navigate, maneuver, or proceed through something.
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define tight money ... funds difficult to obtaindashmore
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defne time clock employee ... a worker whose pay depends on time on the job
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define timeline ... a chronological list or liner arrangement of dates organized for reference
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define time is money ... an expression emphasizing the time value of money
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define time is of the essence ... boilerplate in contracts emphasizing a time premium
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define time-price differential ... the difference between original price and credit price
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define time value of money ... an expression emphasizing a time value AKA time premium
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define title insurance:

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an indemnity agreement under which an insurer warrants to make good a loss arising through defects in title to real estate or any liens or encumbrances thereon. A title insurance company actually contracts to protect the holder-of-title by a recording act against something that may have already happened, but is not yet discovered or revealed.
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define tool ... anything used to perform a task or to facilitate a process — a search tool
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define top decision maker:

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one among those having authority to make up their minds about matters which trigger actions or bring about consequences for which they are fully responsible; one in charge who makes the final decisions and is in the position of which it can the said: the buck stops here.
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define topography:

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definition of the nature of a surface as in topography map or topo. Contours are the best known elements of topo maps, therefore they may also be referred to a contour maps.
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define tort:

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a negligent or intentional act of wrong-doing arising form breach of duty as defined by law rather than contract; therefore it is a violation of a legal right. It is also defined as a civil wrong such as a negligence, liable nuisance, trespass, slander of title or false incarceration.
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Total Quality Management: (TQM)

... a strategic production method that allows workers to voluntarily strive to meet or exceed the the expectations of customers as applied to performance at every level and in all areas of responsibility; following consideration for the voice of the customer, a combination of management techniques and team efforts within a disciplined structure focused on continuously improving all processes (continuous improvement). The term quality circle is used to describe a production team that is dedicated to qualitydashmore information from Xavier University of Louisiana, New Orleans, LA.
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define tourism:

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the economic development effort aimed at attracting visitors to a locationdashone definition of economic development states that it is the increasing ... of capital through the community and reducing its leakage. The Network provides a resource paper: Tourism as Economic DevelopmentdashA Brief Guide for Communities and Entrepreneurs. Tourism or tourist information or visitor information is a location data element.
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define tourism promotion:

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as a specialized form of marketing, the entire set of approaches to attracting potential visitor attention to a location; the basic activity of a person engaged in tourism development.
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define trade association ... a vertical union, trade union as a type of industry trade group
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define trade school

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an institution providing instruction that prepares students with know-how for a specific work-discipline or craft; an operation having a program or programs that readies people for labor force participation with credential for working at an acceptable standard of proficiency in a craft; an training program operated by a trade union dedicated, in part, to the development of specialized member skills through apprenticeships that are on-the-job training or pre-employment training; a category of location data. Trade schools and technical schools are not the same.
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define training facility:

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the learning environment in which programs of practice and hands-on experiences are provided with instruction to help trainees reach a standard of proficiency or qualify for a particular type of work; a training environment in which one or more programs are facilitated. A worker training environment may be in the facility of an employer with the program referred to as OJT. Also, a workforce training facility may be a school environment where pre-employment training is provided through standardized or customized programs. In the latter case, the training may be offered as an incentive for economic development prospects. Training facilities may be show up as an item of location data on a community profile or at the website of a place seeking economic development.
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define transportation ... the conveyance of people and/or things
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define transportation hub:

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a center of an intersecting point for one or more modes of transportation; a place where one or more modes of transportation converge, for example, a city that is a regional transportation center (such a place may be identified as a city-region in the Regional Site Selection Directory). A hub or center exists in a location where the transportation infrastructure and services facilitate enterprise and economic development.
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define transportation infrastructure:

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transport provisions in a location; the services and facilities of conveyance other than those of utilities and communication as they support ongoing economic activity in an area. Transportation may be seen as a header for a category of location data, for example, on a community profile. Transportation along with communications infrastructure, demographics, real estate and taxes and incentives are arguably the most sought after information by prospects. Transportation as a item of location data typically covers water, air, and ground facilities, vehicles and services that part of the infrastructure of an area.
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define triple net lease:

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defined by InvestorWords.com; the net-net-net lease that exists when, in addition to the stipulated rent payment, the lessee assumes responsibility for all expenses associated with the operation of the property. This includes both fixed expenses such as taxes and insurance, and all operating expenses, including cost of maintenance and repair. Triple net lease agreements may require a renter to pay interest on a lessors' property mortgage.
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define turn-key:

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a construction package, from ground-breaking to ribbon-cutting, handled completely so that all that is left to do, so to speak, is to turn the keys over to the buyer. A turn-key lease is one in which the lessor agrees to give the lessee ready-to-occupy-property
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define turnover:

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labor turnover; a rate or count of workers leaving their jobs during a given period of time. A turnover rate may be established with attrition being the only explanation (attrition, however, is the gradual reduction in the size of a workforce that comes about by not replacing workers lost through retirement or resignation.) Analysis requires examination of involuntary turnovers, such as retirements, layoffs, terminations) as well as voluntarily turnovers, such as workers leaving for better jobs. Analysis also requires consideration of why employees are leaving and the concern of the employer for keeping good workers on the job.

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additional resources: dictionaries in the library references collection
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navigation bar extensionaccess Site Location Assistance.comFMH = Find Me Here  websiteEDN = Economic Development Network websitedetails: personal search assistance available
FAQ: What do initials overlaying file-folder-buttons stand for? answer

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Economic Development Services, Inc. / copyrights and all rights reserved / 02/26/2011